Japanese real estate investor Genshiro Kawamoto’s more than two dozen properties in Hawaii could be subject to seizure by Japan’s government if the billionaire is convicted on tax evasion charges, according to attorneys.
Hawaii News Now says Nippon Television Network in Japan is reporting that Kawamoto was denied bail after his arrest in Tokyo on on charges of failing to pay nearly $9 million in taxes and could spend four weeks in custody.
Hawaii News Now reports attorneys say Kawamoto’s 27 houses…
via Honolulu Business News – Local Honolulu News | Pacific Business News of Honolulu http://feeds.bizjournals.com/~r/bizj_pacific/~3/fyRitfXwSOw/hawaii-properties-vulnerable-if.html
Leave a Reply
You must be logged in to post a comment.